General Mills, Inc. (NYSE: GIS)’s stock price has gone rise by 1.25 in comparison to its previous close of 73.71, however, the company has experienced a -0.69% decrease in its stock price over the last five trading days. zacks.com reported 2024-09-16 that General Mills’ Q1 results are likely to reflect the impacts of a dynamic consumer landscape and increased brand investments.
Is It Worth Investing in General Mills, Inc. (NYSE: GIS) Right Now?
General Mills, Inc. (NYSE: GIS) has a price-to-earnings ratio of 17.33x that is above its average ratio. Additionally, the 36-month beta value for GIS is 0.09. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 15 rating it as “hold,” and 3 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GIS is 555.95M and currently, short sellers hold a 2.97% ratio of that float. The average trading volume of GIS on September 17, 2024 was 3.78M shares.
GIS’s Market Performance
GIS stock saw an increase of -0.69% in the past week, with a monthly gain of 8.55% and a quarterly increase of 13.94%. The volatility ratio for the week is 1.78%, and the volatility levels for the last 30 days are 1.43% for General Mills, Inc. (GIS). . The simple moving average for the past 20 days is 3.38% for GIS’s stock, with a 11.28% simple moving average for the past 200 days.
Analysts’ Opinion of GIS
Many brokerage firms have already submitted their reports for GIS stocks, with Goldman repeating the rating for GIS by listing it as a “Buy.” The predicted price for GIS in the upcoming period, according to Goldman is $76 based on the research report published on August 12, 2024 of the current year 2024.
Bernstein gave a rating of “Mkt Perform” to GIS, setting the target price at $70 in the report published on May 15th of the current year.
GIS Trading at 8.89% from the 50-Day Moving Average
After a stumble in the market that brought GIS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.67% of loss for the given period.
Volatility was left at 1.43%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +8.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.69% upper at present.
During the last 5 trading sessions, GIS fell by -0.69%, which changed the moving average for the period of 200-days by +17.68% in comparison to the 20-day moving average, which settled at $72.47. In addition, General Mills, Inc. saw 14.57% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GIS starting from Shaffer Werner Lanette, who sale 710 shares at the price of $70.57 back on May 13 ’24. After this action, Shaffer Werner Lanette now owns 17,397 shares of General Mills, Inc., valued at $50,105 using the latest closing price.
Nudi Jonathon, the Group President of General Mills, Inc., sale 10,000 shares at $69.21 during a trade that took place back on Mar 22 ’24, which means that Nudi Jonathon is holding 93,381 shares at $692,109 based on the most recent closing price.
Stock Fundamentals for GIS
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.35 for the gross margin
The net margin for General Mills, Inc. stands at 0.13. The total capital return value is set at 0.14. Equity return is now at value 25.16, with 7.87 for asset returns.
Based on General Mills, Inc. (GIS), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.39. The interest coverage ratio of the stock is 9.62.
Currently, EBITDA for the company is 4.21 billion with net debt to EBITDA at 3.01. When we switch over and look at the enterprise to sales, we see a ratio of 2.75. The receivables turnover for the company is 10.24for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.
Conclusion
In conclusion, General Mills, Inc. (GIS) has seen better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high..
